Exhbit 10.8
Sales Agreement
THIS AGREEMENT (this "Agreement"), dated as of January 1, 2005, by and
between Shanghai Likang Disinfectant High-tech Co., Ltd., a Chinese
corporation (the "Disinfectant Company"), and Shanghai Likang Meirui
Pharmaceutical High-tech Co., Ltd. (the "Meirui Company").
In consideration of the mutual covenants, the Disinfectant Company and
the Meirui hereby agree as follows:
1. The Disinfectant Company entrusts the Meirui Company to sell each
kind of medical care related products which the Disinfectant Company
produces in Shanghai civil disinfection healthcare market
(supermarket, pharmacy, guesthouse, office and so on).
2. Both sides should regularly settle the payment for goods. The Meirui
Company is regarded as the Disinfectant Company's sales personnel. At
the same time the Meirui Company must complete the market
intelligence collection work, the market sale management work and the
customer relations management work.
3. This agreement has four original copies, each side holds two copies
respectively. If there are uncompleted matters concerned, both sides
can sign supplement agreements. The supplement agreements have the
same legal effectiveness.
4. Both sides should observe this agreement together. If any side
defaults, it should compensate the opposite party economic loss. Both
sides agree this agreement's jurisdiction is Shanghai.
5. This agreement's term of validity is two years, to be effective from
the signing date, and to expire when both sides discuss to renew a
subscription or terminate.
Party A: Shanghai Likang Disinfectant High-tech Co., Ltd (Stamp)
Representative: Xxx Xxxx Bian
Date: March 1, 2005
Party B: Shanghai Likang Meirui Pharmaceutical High-tech Co., Ltd (Stamp)
Representative: Zhengyi Su
Date: March 1, 2005